Crypto firm BitGo eyes up to $1.96 billion valuation in US IPO


FILE PHOTO: BitGo logo in this illustration taken November 3, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

Jan 12 (Reuters) - Crypto custody ‌startup BitGo said on Monday it was targeting a valuation ‌of up to $1.96 billion in its U.S. initial public offering, ‌seeking to tap into the investor appetite for crypto firms.

The Palo Alto, California-based firm and some of its existing shareholders are looking to raise as much as $201 ‍million by offering 11.8 million shares priced between $15 ‍and $17 each.

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